Key Points ・Here's a list of which medical expenses are HSA-eligible and which aren’t. ・This matters so that you can avoid penalties on non-qualified HSA withdrawals. ・Make sure your HSA expense ...

A health savings account (HSA) is a tax-exempt account that helps you save and pay for qualified healthcare expenses. To open and contribute to an HSA, you must be actively enrolled in a qualifying ...

The CARES Act allowed for more OTC drugs and health supplies to be FSA and HSA eligible. Examples of medications eligible for FSA and HSA include: acetaminophen (Tylenol), Monistat, Nasacort, Dayquil, ...

Both accounts can help defray medical costs, but there key differences Written By Written by Contributor, Buy Side Martha C. White is a contributor to Buy Side and a finance expert, specializing in ...

You can use a healthcare flexible spending account (FSA) to help pay for prescription medications approved by the Food and Drug Administration (FDA). You can also use it toward prescription eyeglasses ...

A medical professional using a digital tablet pointing out health insurance information. When it comes to health insurance, it’s essential to know what each plan covers. Thatch delves into the nuances ...

When it comes to health insurance, it's essential to know what each plan covers. Thatch delves into the nuances of Health Reimbursement Arrangements, or HRAs, Qualified Small Employer Health ...